Finance Transformation

The CFO’s role and the finance function have undergone significant changes due to a disruptive economy. In the post-pandemic world, CFOs have taken on a central role in managing risks and ensuring business continuity. They are now focused on optimizing cash flows, minimizing revenue losses, and enhancing reporting capabilities, all in response to rapidly evolving business conditions. The CFO has transitioned into a trusted advisor for both the CEO and the board, with a primary objective of strengthening organizational resilience.

Harmonize routine operations with transformative endeavors

befree uses a combination of traditional approach and modern methodologies that improves cost structure and focuses on an outcomes driven solution.

Finance executives grapple with formidable hurdles as they strive to harmonize routine operations with transformative endeavors. These obstacles encompass issues such as a lack of strategic clarity, cumbersome processes, subpar IT infrastructure, talent deficiencies, and an escalating degree of intricacy. Within this framework, CFOs must orchestrate the transformation of their finance departments, shifting away from the conventional focus on reporting and control towards the establishment of a genuinely contemporary financial entity.

befree's Finance Transformation Services

Finance Optimization Assessment

We help in identification, quantification, and prioritization of optimization opportunities with significant impact within your finance operation, all geared towards facilitating your modernization efforts. These include:

  • Organizational and cost Structure
  • Performance benchmarking and metrics
  • Shared services and outsourcing opportunities
  • Digital maturity
  • Finance and Accounting Outsourcing

    befree becomes an extension of your team, performing your day-to-day administrative finance and accounting operations from an offshore destination.

  • Order to cash
  • Purchase to pay
  • Record to report
  • Robotic Process Automation

    We help identify automation opportunities in your business process and help build and implement automation for you to save time and costs. We have in house automation products as well that can fit within your existing processes.

  • Proof of concept
  • Implementation
  • befree automation suite
  • BI and Analytics

    befree’s Business Intelligence and Analytics offers you a wide range of expertise. Our key analytics services include:

  • Financial Reporting
  • Dashboards Implementation in Power BI/Tableau
  • Managed Reporting Services
  • How Do You Benefit

    Cost Savings and Efficiency

    Competitive pricing can save you up to 40% compared to in-house accounting, optimising resource allocation.

    Compliance Assurance

    befree's experts keep you compliant with evolving tax laws, minimising risks and penalties.

    Access to Specialised Expertise

    Our team of accounting experts guarantees accurate financial management, both domestically and internationally.

    Tailored Solutions

    We offer customised solutions and flexible pricing structures, designed to suit the specific needs of the business.

    Enhanced Focus on Core Activities

    Outsourcing eliminates staff-related concerns, allowing companies to focus on their core activities, with support from accounting experts.

    Efficient Workflow Management

    Our job portal provides real-time tracking, offering visibility into the progress of tasks and projects, enhancing collaboration and transparency.

    What Our Clients Say

    Outsourcing with befree has been a valuable decision for Beveridge Williams. We wanted to streamline operations, reduce costs, and focus on our core strengths, but had concerns about control, time-zone differences, and data security. befree addressed these with transparent processes, robust data protection, and seamless communication. Their ability to customise solutions and meet deadlines has had a positive impact on our business. The transition was smooth, and we look forward to further growth with befree supporting our operational efficiency and scalability.

    Linda Pek, Senior Accountant Beveridge Williams

    befree has been an invaluable partner for BGP International and Fresh Solutions Group. As we expanded, we were hesitant about outsourcing our accounting functions, particularly with the offshore element and time zone differences. However, befree listened to our concerns and tailored their service to meet our specific needs. Their team quickly integrated with ours, grasping the complexities of our industry and providing reliable, accurate, and secure support. The level of communication and management support from befree has been exceptional, giving us confidence and peace of mind knowing we're backed by a trusted partner.

    Martin Cowie, CEO BGP International & Fresh Solutions Group

    When we first considered outsourcing bookkeeping, we were driven by the need for greater efficiency and scalability but had concerns around data security and service quality. befree quickly addressed these through a seamless onboarding process, ensuring a smooth transition and building trust from the outset. befree's reputation for excellence and alignment with our values made them an ideal partner. Their tailored solutions integrated seamlessly with our systems, and their team was attentive to every detail, allowing us to focus on our day-to-day operations. Our experience has been overwhelmingly positive. befree’s proactive approach has helped us grow, and we’re confident in their ongoing support as we look to the future. I would highly recommend befree for reliable, efficient, and professional bookkeeping services.

    Samantha Barakat Light, Founder Body Catalyst

    Accreditations & Partnerships

    ACCA approved outsourced bookkeeping services
    CPA Australia Recognised Employer

    Data Security

    We are serious about data security. With our ISO 27001 certification and industry-standard data security policies, you may rest assured that your data is safe, secure and compliant with local data protection laws.

    Improve Efficiency and Increase Profit Margins

    Expert accounting: $28/hour for casual jobs and $20/hour for full-time!

    Talk to Kevin today

    Kevin Varghese

    Partner - Client Success & Head of Sales- befree, Australia and New Zealand

    Employee Range

    Services required (Please select at least one service)

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